Benson has a bankruptcy on his credit report, so he pays higher interest rates on his current loans. he calculates that the extra money he pays in additional interest each year, if invested at the rate of 2% for one year, could earn him simple interest totaling $180. how much does benson pay in additional interest each month? a. $360 b. $750 c. $900 d. $1,000 please select the best answer from the choices provided. a b c d

Answers

Answer 1

The additional interest Benson pay each month is $750 if he invested at the rate of 2% for one year, option (b) is correct.

What is simple interest?

It is defined as the interest on the based on the principal amount, it does not include the compounded amount. The interest calculate on the initial amount or borrowed amount.

We know the formula for the simple interest is given by:

I = PRT

Where I is the simple interest.

P is the principal amount

R is the rate of interest

We have in the question:

I = $180

R = 2% = 0.02

T = 1  year

Put the above values in the formula, we get:

180 = P(0.02)(1)

P = $9000

The additional interest Benson pay each month is:

= 9000/12

= $750

Thus, the additional interest Benson pay each month is $750 if he invested at the rate of 2% for one year option (b) is correct.

Learn more about the simple interest here:

https://brainly.com/question/22621039


Related Questions

meg made 3 gallons of lemonade for a group of campers. if each camper gets 1 cup of lemonade, how many campers can have lemonade?

A. 16
B. 26
C. 48
D. 60

Answers

Answer:

C

Step-by-step explanation:

1 gallon = 16 cups

3 gallons = 48 cups if each camper gets one cup of lemonade, it can serve 48 campers.

1 gallon = 16 cups

3 x 16 = 48, so 48 campers can have lemonade :D

the answer is C)

hope this helps :)

What is the circumference of a circle with a radius of 0.5 feet, explain your answer.

Answers

Answer:

circumference equals about 3.14

Step-by-step explanation:

c=2pi times r

c=2 (3.14) times 0.5

c= about 3.14

Answer:

3.14(rounded to nearest hundredth)

__________________________________________________________

Solve by...First, use the formula for finding circumference by diameter;

[tex]C = 2\pi r[/tex]

Which is the same as

[tex]2\pi r = 2 * \pi * r(0.5)[/tex]

[tex]= 3.1415926535897932384626433832795[/tex]

An analysis of variance is used to evaluate the mean differences for a research study comparing four treatments with a separate sample of n = 8 in each treatment. If the data produce an F-ratio of F = 4.60, which of the following is the correct statistical decision? a. Reject the null hypothesis with α = .05 but not with α = .01 b. Reject the null hypothesis with either α = .05 or α = .01 c. Fail to reject the null hypothesis with either α = .05 or α = .01 d. There is not enough information to make a statistical decision

Answers

Considering the p-value of the f-ratio, it is found that the correct option is given by:

a. Reject the null hypothesis with α = .05 but not with α = .01.

What is the relation between the p-value and the test hypothesis?

Depends on if the p-value is less or more than the significance level:

If it is more, the null hypothesis is not rejected.If it is less, it is rejected.

In this problem, the test statistic is of F = 4.60, with 4 x 7 = 28 df between treatments and 7 df in a single treatment, hence, using a calculator, the p-value is of 0.0218, which is less than 0.05 but more than 0.01, meaning that option A is correct.

More can be learned about p-values and hypothesis tests at https://brainly.com/question/26454209

Witch table matches?

Answers

Answer:

y=mx+b

Step-by-step explanation:

so i belive its c because half of 5 is 2.5 and the equation is y=0.5+14.

so half od 5 is 2.5+14=16.5

to how many decimal places are you supposed to 'estimate' the answer to? ​

Answers

Answer:

79.2135

Step-by-step explanation:

5.34 - 2.52 = 2.82

2.82 divided by 0.0356 = 79.2135

A line passes through the point (-9,5) and has a slope of 2/3 what is the equation in point-slope form for this line

Answers

Step-by-step explanation:

y-y1=m(x-x1)

y-5=2/3(x+9)

Construct a box-and-whisker graph using the following data:

87, 94, 82, 78, 95, 91, 87, 83, 101, 83, 82, 77, 80, 102, 75

Answers

data given: {87, 94, 82, 78, 95, 91, 87, 83, 101, 83, 82, 77, 80, 102, 75}

arrange in ascending order:

75, 77, 78, 80, 82, 82, 83, 83, 87, 87, 91, 94, 95, 101, 102

Identify:

Q1 = 80Q2 = 83Q3 = 94IQR = 14Median = 83

Plot box-and-whisker graph:

Find m < A

inscribed angles and arcs

Answers

Answer:

110°. b. b.

Step-by-step explanation:

..............

1) Solve the inequality 20 – 62 < -10.

Answers

Hey there!


20 - 62 < -10


20 - 62

= -42


-42 < -10

Therefore, your answer is: [TRUE] because -42 is SMALLER than -10


Good luck on your assignment & enjoy your day!



~Amphitrite1040:)

Can anyone please help im stick on this question!!!

Answers

Answer:

28

Step-by-step explanation:

The mean is adding up all the numbers and then dividing by the total amount of numbers.
So with that in mind, we can set up a equation with the missing number as x.

[tex]\frac{x+19+22+31}{4} = 25[/tex]

Then you just solve.

Riley has a fish tank in the shape of a rectangular prism like the one shown.

A box that measures 7 inches by 10 inches by 7 inches.
How much water can the tank hold?

24 cubic inches
70 cubic inches
119 cubic inches
490 cubic inches

Answers

D 490 cubic inch
Hop this helps

Which equation can be used to find the nth term of the sequence, an?

55, 50, 45, 40, 35, ...


an=60−5n

an=5n+60

an=5n+55

an=55−5n

Answers

Answer:

170 is the answer of mine

Answer:

an=5n-55 is the correct answer

Step-by-step explanation:

A homeowner is putting in a fireplace that has a 5 inch radius vent pipe. He needs to cut an elliptical hole in his roof to accommodate the pipe. If the pitch of his roof is 2/5 what are the dimensions of the hole

Answers

The dimensions of the hole when the homeowner is putting in a fireplace will be 10 inches and 10.77 inches.

How to calculate the dimensions?

The width of the pipe will be:

= 5 × 2

= 10 inches.

The length of the pipe will be:

= (✓2² + ✓5²)/5 × 10

= ✓29/5 × 10

= ✓29 × 2

= 10.77 inches

In conclusion, the dimensions are 10 inches and 10.77 inches.

Learn more about dimensions on:

https://brainly.com/question/26740257

christa went shopping for back to school clothes before tax was added on her total was $176 if the sales tax is 6% what was the total amount she paid

Answers

Answer:

$186.56

Step-by-step explanation:

$176 + 6% = 186.56

The two triangles shown are congruent.
Find the value of x

Answers

Answer:

x = 11

Step-by-step explanation:

right triangle ABC

using Pythagoras' identity

BC² = 7² + 24² = 49 + 576 = 625 ( take square root of both sides )

BC = [tex]\sqrt{625}[/tex] = 25

Since the triangles are congruent then corresponding sides are congruent.

ST = BC , that is

3x - 8 = 25 ( add 8 to both sides )

3x = 33 ( divide both sides by 3 )

x = 11

help asap its for my sis mathh

Answers

Answer:

The expression is:

[tex](5*6.50)+(3*24)-12=t[/tex]

The total Bella paid is:

$92.50

Step-by-step explanation:

5 shirts at $6.50 each

3 pairs of pants at $24.00 each

12 dollar discount

Let "t" be the total Bella paid.

[tex](5*6.50)+(3*24)-12=t[/tex]

[tex](32.50)+(3*24)-12=t[/tex]

[tex](32.50)+(72)-12=t[/tex]

[tex]32.50+72-12=t[/tex]

[tex]104.5-12=t[/tex]

[tex]92.5=t[/tex]

Find the center of the circle given by this equation:

Answers

Answer:

center is (5,3)

Step-by-step explanation:

[tex]x {}^{2} - 10x + y {}^{2} - 6y - 30 = 0 \\ x {}^{2} - 10x + y {}^{2} - 6y = 30 \\ add \: \: \: 25 \: \: and \: \: 9 \: oneach \: side \: to \: make \: perfect \: square \\ x {}^{2} - 10x + 2 + y {}^{2} - 6y + 9 = 25 + 30 + 9 \\ (x - 5) {}^{2} + (y - 3) {}^{2} = 64 \\ (x - 5) {}^{2} + (y - 3) {}^{2} = 8 {}^{2} [/tex]

5times5 =..:.::.please help

Answers

Answer:

25 Lol

Step-by-step explanation:

Answer:

Your answer is 25.

Step-by-step explanation:

I hope this helps you :)

pls mark brainleist :P

`

`

`

W/ <3...

Tori

is the following a statistical question? How many quarts are in a gallon?
yes or no

Answers

Answer:

No

Step-by-step explanation:

A statistical question is one where results may vary but this isn't the case since it will always be 4 quarts=1 gallon.

What is the area of the trapezoid? (-2, 6) (3,6) (-4,-6) (5.-6)​

Answers

Answer:

84

Step-by-step explanation:

[tex]A[/tex]trapezoid= [tex]\frac{h(b_{1} + b_{2})}{2}[/tex]

Substitute the values into the equation: [tex]A=\frac{12(9 + 5)}{2}[/tex]

[tex]A=\frac{12(9 + 5)}{2}[/tex] (add 9 and 5)

[tex]A=\frac{12(14)}{2}[/tex] (multiply 14 by 12)

[tex]A=\frac{168}{2}[/tex](divide 168 by 2)

[tex]A=84[/tex] (your answer)

Hope this helps! Have a good day! :)

i don’t understand how to do this

Answers

Answer:

There is only 1 solution where x is greater than 3 that is on the line and that is where the line Crosse where x is 4.

Step-by-step explanation:

p(x>3) = p(x= 5) - p(x= 3)

= (Area of ∆ from x= 0 to x= 5)- (Area of ∆ from x= 0 to x= 3)

=[ 1/2•(5-0)•0.4] -[1/2•(3-0)• 0.4)]

= 1/2•0.4(5-3)

p(x>3) = 0.4

Which phrase represents this expression?

35÷(12−5)

Select each correct answer.


(1) 5 less than the quotient of 35 and 12

(2) 35 divided by the difference of 12 and 5

(3) the quotient of 35 and the difference of 12 and 5

(4) the total of 35 and 12 is subtracted by 5

Answers

Answer:

answer 2(35 divided by the difference of 12 and 5

Answer:

2 and3

Step-by-step explanation:

What is the volume to the nearest tenth of a cone that has a height of 17 meters and a base with a radius of 6 meters? Use 3.14 for π and round to the nearest tenth.

Answers

Answer:

640.6 m^2

Step-by-step explanation:

Formula

V = (1/3) pi * r^2 * h          Substitute givens into the formula and solve

Givens

V = ?

pi = 3.14

r = 6 m

h = 17 m

Solution

V = (1/3) * 3.14 * 6 * 6 * 17

V = 640.56      

Answer

V = 640.6 m^2 to the nearest 10th

What information about the houses that is not shown in this data could affect housing prices? check all of the boxes that apply. the location of the houses the size of the houses the selling prices the conditions of the houses the value of the houses relative to other homes in the same area

Answers

The information about the houses that could affect housing prices are;

location...size...the conditions... value of the...

What is price?

prices serves as the amount of money expected or required for a payment of a value given.

Therefore, from base on the meaning of prices from economics, value of the houses relative to other homes in the same area can affect the price.

Learn more about prices at;

https://brainly.com/question/19104371

Answer:

Step-by-step explanation:

A B D E

Just did it on Edge!!!!

percent sicount
A $44.00 video game is on sale for $28.60
A.20%
B.25%
C.30%
D.35%
E.40%
F.45%

Answers

Answer:

35%

Step-by-step explanation:

28.60 is what percent of $44          ?/100

28.60*100=2860     2860/44=65           100-65=35%

Enrique makes $11.50 per hour and works 40 hours per week. He is single
and claims O withholding allowances. He estimates that he will spend $100
per month on qualified expenses. How much will he save per week in taxes
if he participates in his employer's cafeteria plan and has $100 per month
deducted before taxes? How much will he save in one year, or 50 weeks
of work?

Answers

Answer:

He makes 460 per week

Step-by-step explanation:

simplify each of the following fractions :

25
__
30​

Answers

Answer:

25 / 30 = 5 / 6

Step-by-step explanation:

Answer:

5/6

Step-by-step explanation:

Need help 10 points

Answers

The radius is 2 and area = r^2*pi so 4*pi gives you 12.56 so the exact answer would be 12.56 and the answer with pi would be 4 times 3.14!

A formula for the perimeter of a rectangle is P=2(l+w), where P is the perimeter, l is the length, and w is the width.

If the length of a rectangle is 64 centimeters and the width is 22 centimeters, what is the perimeter?

Answers

1408 because you need to multiply it to get the perimeter

John is w years old. His sister is 16 years old and his brother is twice johns age all three siblings have a total age of 31

Answers

Answer:

Step-by-step explanation:

John's age = w

His brother's age = 2*w  = 2w

His sister's age = 16 years

Total age of all siblings = 31

w + 16 + 2w = 31

w + 2w + 16 = 31

Combine like terms

      3w + 16 = 31

Subtract 16 from both sides

    3w          = 31 - 16

              3w = 15

                w = 15/3

               w = 5

[tex]\boxed{\text{John's age = 5 years }}[/tex]

His brother's age = 2w

                            = 2*5

                            = 10

[tex]\boxed{\text{John's brother's age = 10 years}}[/tex]

 

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